## **B. Fludgate – Audit & Finance Support** 

## **13 Church Street Quainton Aylesbury Bucks HP22 4AW** 

. 

To: 29 July 2026 

Mr M Hornsey 

Trustee, Tingewick Village Hall Charity 

Dear Martin, 

## **Re: Internal Audit and Charity Return year 2024-25** 

I conducted the internal audit on Tuesday 28 July 2026 in your prescence. 

Overall, I was satisfied with the internal controls and record keeping in place. 

We covered: 

**Bank Reconciliation** . A check of monthly and year end bank statements amounts to reconcile against the manual cash book/ledger. An end of year bank reconciliation statement is enclosed. 

**Investment income from Cambridge & Counties Building Society** . I noted the monies invested were short term to allow liquidity and generated a reasonable amount of interest. 

**The Deposit Account** . It did not generate much in cash apart from £1.98 annual interest. It is for the trustees to agree whether to transfer the current sum into the Treasurers Account or perhaps retain the monies as a ring-fenced reserve or contingency. 

**Expenditure** . This increased from last year mainly due to the provision of a heat source pump installation and new tables. 

**HMRC tax liability** . On the basis all profits are fully dispersed to other charities or for charitable purposes the charity may declare it is exempt from tax. The overall turnover is below the threshold for VAT registration. 

**Audit/Transparency** . We agreed it was important to retain all invoices and receipts for audit purposes and that at least once a year a sample should be cross-referenced to the financial report produced at meetings. 

Yours sincerely 


Brian Fludgate 

Email: brian.fludgate@quainton.org.uk Tel: 07759 480606